S 1996 · 98th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to exempt certain sewage and solid waste disposal facilities that provide energy from the limitation on small bond issues.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB, Treasury Department, Energy Department.(1983-10-27)
Plain Language Summary
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Amends the Internal Revenue Code to disregard capital expenditures made to construct sewage or solid waste disposal facilities or facilities for the furnishing of electric energy or gas in computing the ten million dollar limitation on tax-exempt (interest excluded from gross income) small issues of industrial development bonds.…
Summarized by Claude AI · Non-partisan · For informational purposes only